DBS Bank to Cut 4,000 Jobs as AI Takes Over Human Roles Blog

DBS Bank to Cut 4,000 Jobs as AI Takes Over Human Roles

Singapore’s largest bank, DBS, has announced plans to cut 4,000 jobs over the next three years as artificial intelligence (AI) takes on more tasks traditionally handled by humans. A DBS spokesperson revealed that the workforce reduction will come through natural attrition as temporary and contract roles gradually phase out. Permanent staff are not expected to […]